Financing restrictions are rampant in co-op buildings—it's really their main way of weeding out people that they don't feel are prestigious enough to live in these buildings, and the way they do that is by limiting the percentage that you can finance. In this episode, I'm going to let you decide if the prestige and appeal of co-ops in New York City has dwindled as we cover everything you need to know about this evolving real estate landscape. About the Host: Christina Kremidas is a lifelong New Yorker who brings her extensive background in advertising to her successful real estate career in Manhattan. Her personal experience as a property investor and landlord in New York City gives her unique insight into her client's needs, while her negotiation expertise and market knowledge have quickly established her as a top-performing agent, ranking in the top 5% at her first firm in 2018. Beyond her professional achievements, Christina is deeply involved in her community as a founding Steward at the St. Nicholas Greek Orthodox Church and National Shrine at the World Trade Center, where she serves on the Parish Council and leads social media, marketing, and young adult initiatives. Get in touch with me: Instagram: https://www.instagram.com/christina.kremidas TikTok: https://www.tiktok.com/@christina.kremidas Check out my website: https://christinakremidas.com/ Email me: Christina.Kremidas@elliman.com What Is Your Property Worth?: https://christinakremidas.com/home-valuation The Virtual Agent Experience: https://christinakremidas.com/virtual-agent Timestamps 0:00 Episode introduction 1:24 Overview of condos as a newer, more flexible property type 4:37 Co-ops explained: exclusivity and ownership structure 7:07 Shift in buyer preferences from co-ops to condos 9:12 Co-op financing restrictions as a barrier to entry 11:41 Subletting policies and community aspects of co-ops 13:19 Financial requirements: debt-to-income ratio and post-closing liquidity 17:29 The co-op interview process and potential discrimination issues…

The Financial District is finally rebranding, and I am here for it. Welcome back to Real Estate Investing in New York with me, Christina Kremidas, and in this episode, we're discussing the great rebrand of the Financial District, so stay tuned as we cover everything from luxury developments to high-end dining and why this neighborhood is about to experience a major boom. About the Host: Christina Kremidas is a lifelong New Yorker who brings her extensive background in advertising to her successful real estate career in Manhattan. Her personal experience as a property investor and landlord in New York City gives her unique insight into her client's needs, while her negotiation expertise and market knowledge have quickly established her as a top-performing agent, ranking in the top 5% at her first firm in 2018. Beyond her professional achievements, Christina is deeply involved in her community as a founding Steward at the St. Nicholas Greek Orthodox Church and National Shrine at the World Trade Center, where she serves on the Parish Council and leads social media, marketing, and young adult initiatives. Get in touch with me: Instagram: / christina.kremidas TikTok: / christina.kremidas Check out my website: https://christinakremidas.com/ Email me: Christina.Kremidas@elliman.com What Is Your Property Worth?: https://christinakremidas.com/home-va... The Virtual Agent Experience: https://christinakremidas.com/virtual... Timestamps 0:00 Introduction to the 5 key reasons why FiDi is booming 0:53 The Financial District is worth investing in 1:16 History of the Financial District, particularly post-9/11 decline 2:34 The waterfront advantage of the Financial District 3:30 The area's architecture and aesthe…

When it comes to new development buildings in New York, there are major pros and cons that buyers need to understand before jumping in. In this episode, I'll break down everything you need to know about purchasing in these luxury properties, from the unique negotiation strategies that can save you hundreds of thousands to the timing issues that could leave you waiting months longer than expected. About the Host: Christina Kremidas is a lifelong New Yorker who brings her extensive background in advertising to her successful real estate career in Manhattan. Her personal experience as a property investor and landlord in New York City gives her unique insight into her client's needs, while her negotiation expertise and market knowledge have quickly established her as a top-performing agent, ranking in the top 5% at her first firm in 2018. Beyond her professional achievements, Christina is deeply involved in her community as a founding Steward at the St. Nicholas Greek Orthodox Church and National Shrine at the World Trade Center, where she serves on the Parish Council and leads social media, marketing, and young adult initiatives. Get in touch with me: Instagram: https://www.instagram.com/christina.kremidas TikTok: https://www.tiktok.com/@christina.kremidas Check out my website: https://christinakremidas.com/ Email me: Christina.Kremidas@elliman.com What Is Your Property Worth?: https://christinakremidas.com/home-valuation The Virtual Agent Experience: https://christinakremidas.com/virtual-agent Timestamps 0:00 Episode Introduction 1:45 Helping viewers make informed decisions about new developments 2:16 PROS: Different negotiation approach in new developments 5:37 Benefits for financing buyers 8:32 PRO: Brand new apartments with high-quality materials and no previous owners 10:30 PRO: Warranty benefits and prestige associated with new luxury developments 14:18 PRO: No board approval process and simplified purchase compared to co-ops 15:20 CONS: No guaranteed timing for completion and lack of buyer recourse for delays 22:38 CON: One-sided contracts favoring developers with limited recourse for buyers 27:56 CON: Higher closing costs in new developments and why broker representation is essential 32:16 CON: Potential construction malfunctions after move-in with real examples 38:44 CON: Walkthrough process concerns and declining priority after closing 42:40 The critical importance of experienced broker representation in new development purchases…

Welcome back to Real Estate Investing in New York. On this episode, we have a phenomenal artist with groundbreaking work - my friend Courtney Kinnare is joining us to talk about everything from her sustainable art practice to the evolving NYC real estate market. About the Host: Christina Kremidas is a lifelong New Yorker who brings her extensive background in advertising to her successful real estate career in Manhattan. Her personal experience as a property investor and landlord in New York City gives her unique insight into her client's needs, while her negotiation expertise and market knowledge have quickly established her as a top-performing agent, ranking in the top 5% at her first firm in 2018. Beyond her professional achievements, Christina is deeply involved in her community as a founding Steward at the St. Nicholas Greek Orthodox Church and National Shrine at the World Trade Center, where she serves on the Parish Council and leads social media, marketing, and young adult initiatives. Get in touch with me: Instagram: / christina.kremidas TikTok: / christina.kremidas Check out my website: https://christinakremidas.com/ Email me: Christina.Kremidas@elliman.com What Is Your Property Worth?: https://christinakremidas.com/home-va... The Virtual Agent Experience: https://christinakremidas.com/virtual... Timestamps 0:00 Episode Intro 1:15 Courtney's background and art 2:58 Courtney's custom chess sets 6:36 NYC apartment horror story 9:55 Recovering from injury in NYC 13:03 Art market trends for 2025 15:50 Changing NYC real estate preferences…

There's a new piece of paper that if you're a buyer in NYC, you're going to need to sign. In this episode, I'm explaining how recent changes to real estate commission disclosures affect both buyers and sellers in New York City. About the Host: Christina Kremidas is a lifelong New Yorker who brings her extensive background in advertising to her successful real estate career in Manhattan. Her personal experience as a property investor and landlord in New York City gives her unique insight into her client's needs, while her negotiation expertise and market knowledge have quickly established her as a top-performing agent, ranking in the top 5% at her first firm in 2018. Beyond her professional achievements, Christina is deeply involved in her community as a founding Steward at the St. Nicholas Greek Orthodox Church and National Shrine at the World Trade Center, where she serves on the Parish Council and leads social media, marketing, and young adult initiatives. Get in touch with me: Instagram: / christina.kremidas TikTok: / christina.kremidas Check out my website: https://christinakremidas.com/ Email me: Christina.Kremidas@elliman.com What Is Your Property Worth?: https://christinakremidas.com/home-va... The Virtual Agent Experience: https://christinakremidas.com/virtual... TImestamps 0:00 Introduction 0:35 NYC real estate disclosures and new policies 1:05 Commission changes and how they affect buyers and sellers 3:30 How real estate commissions historically worked 6:44 Benefits of the traditional system for buyers 11:48 Introduction to the new buyer agency agreement form…

Welcome back to Real Estate Investing in New York, where I'm your host Christina Crus, helping you achieve future financial success through intelligent real estate investment decisions. On this episode, I'm thrilled to have phenomenal mortgage lender Carrie Morrison from Citizens Bank joining us, alongside my teammate Joseph Tesoriero, as we dive into everything you need to know about the current market, interest rates, and strategic mortgage decisions in 2025. About the Host: Christina Kremidas is a lifelong New Yorker who brings her extensive background in advertising to her successful real estate career in Manhattan. Her personal experience as a property investor and landlord in New York City gives her unique insight into her client's needs, while her negotiation expertise and market knowledge have quickly established her as a top-performing agent, ranking in the top 5% at her first firm in 2018. Beyond her professional achievements, Christina is deeply involved in her community as a founding Steward at the St. Nicholas Greek Orthodox Church and National Shrine at the World Trade Center, where she serves on the Parish Council and leads social media, marketing, and young adult initiatives. Get in touch with me: Instagram: https://www.instagram.com/christina.kremidas TikTok: https://www.tiktok.com/@christina.kremidas Check out my website: https://christinakremidas.com/ Email me: Christina.Kremidas@elliman.com What Is Your Property Worth?: https://christinakremidas.com/home-valuation The Virtual Agent Experience: https://christinakremidas.com/virtual-agent Timestamps 0:00 Episode Introduction 1:34 Increased buyer activity and market momentum in 2025 3:41 Citizens Bank's competitive position 5:20 The importance of monitoring rates between locking and closing 7:20 Interest-only loan features and benefits 8:18 Explanation of adjustable-rate mortgages (ARMs) 12:10 How to determine if refinancing makes sense (cost vs. savings) 15:35 How rate fluctuations affect monthly payments 17:04 Important questions to ask lenders when comparing options 18:43 Why your personal bank might not be the best mortgage option 20:18 Building exceptions and what they mean for buyers 22:35 Insurance requirements and building approval challenges 24:41 How exceptions work and the importance of having options 26:16 Christina's personal condo purchase story and lessons learned 28:50 Emotional aspects of home buying in NYC 31:26 Work personality vs. home personality in real estate 35:35 NYC real estate prices now vs. 5 years ago (post-COVID comparison) 38:32 Hottest property types in the current market (condos, brownstones, one-bedrooms) 41:17 Importance of pricing properties correctly in today's market 45:18 "Coming soon" marketing strategy for listings 49:58 Episode wrap-up and teaser for next episode…

Welcome back to Real Estate Investing in New York, where today I'm joined by my amazing team - Katherine Bender, Maryia Yakushevich, and Joseph Tesoriero - as we dive into what's coming up for 2025 and share some incredible stories from our recent deals. You're going to hear everything from our successful pre-market strategy that landed a full-price offer on day one in Tribeca, to the wild tale of selling in Trump Tower during an unprecedented security lockdown, so stay tuned because we're covering it all to help you achieve future financial success by making intelligent real estate investment decisions today. About the Host: Christina Kremidas is a lifelong New Yorker who brings her extensive background in advertising to her successful real estate career in Manhattan. Her personal experience as a property investor and landlord in New York City gives her unique insight into her client's needs, while her negotiation expertise and market knowledge have quickly established her as a top-performing agent, ranking in the top 5% at her first firm in 2018. Beyond her professional achievements, Christina is deeply involved in her community as a founding Steward at the St. Nicholas Greek Orthodox Church and National Shrine at the World Trade Center, where she serves on the Parish Council and leads social media, marketing, and young adult initiatives. Get in touch with me: Instagram: / christina.kremidas TikTok: / christina.kremidas Check out my website: https://christinakremidas.com/ Email me: Christina.Kremidas@elliman.com What Is Your Property Worth?: https://christinakremidas.com/home-va... Meet the team: https://christinakremidas.com/team…

Welcome to Episode 55 of REAL ESTATE INVESTING IN NEW YORK!! Please remember to Subscribe, Review and Share this podcast, it is SO appreciated! YOU CAN ALSO WATCH THIS EPISODE ON YOUTUBE Contact me: Email: christina.Kremidas@elliman.com Join me on Instagram and Tiktok *Please note that this episode was filmed on late 2024* In this episode, we are discussing the potential NYC real estate market outcomes for 2025. Though we are still being teased with the potential for interest rates to further decline, it seems like movement will not be as dramatic as we hoped due to out overall strong economy. However, even a small decline in interest rates will surely stimulate the market and create more competition among buyers. But it’s not that simple. There are many other factors that will affect the real estate market this year. Please enjoy this episode and remember to comment with your own thoughts or questions! Are you purchasing in NYC? I would love to answer your questions! I hope you find this information helpful, and please reach out to me if you have any questions! I always am so happy to have the opportunity to work with you - if you would like for me to represent you as your Broker as you begin the property purchase or sale process, please do not hesitate to reach out to me. Discover the value of your home Please subscribe to this channel and turn on notifications (click the bell icon) so you can keep up with the videos I post! Check out my website…

Welcome to Episode 54 of REAL ESTATE INVESTING IN NEW YORK!! Please remember to Subscribe, Review and Share this podcast, it is SO appreciated! YOU CAN ALSO WATCH THIS EPISODE ON YOUTUBE Contact me: Email: christina.Kremidas@elliman.com Join me on Instagram and Tiktok In this episode, we are discussing the Financial District’s best and worst features in great detail, as well as my tips and opinions on the best buildings to invest in when it comes to this neighborhood. Are you purchasing in NYC? I would love to answer your questions! I hope you find this information helpful, and please reach out to me if you have any questions! I always am so happy to have the opportunity to work with you - if you would like for me to represent you as your Broker as you begin the property purchase or sale process, please do not hesitate to reach out to me. Discover the value of your home Please subscribe to this channel and turn on notifications (click the bell icon) so you can keep up with the videos I post! Check out my website…

Welcome to Episode 53 of REAL ESTATE INVESTING IN NEW YORK!! Please remember to Subscribe, Review and Share this podcast, it is SO appreciated! YOU CAN ALSO WATCH THIS EPISODE ON YOUTUBE Contact me: Email: christina.Kremidas@elliman.com Join me on Instagram and Tiktok In this episode, we have a special Guest, Tax Professional Yvette Sadovoy of Savvy and Suite with us spilling the tea on how to maximize the benefits of your NYC Real Estate to save you money instead of handing it over to the IRS! Some of the tips she shares seem so obvious but are commonly missed by tax preparers, and others are more intricate concepts that you’ll only hear here! Are you purchasing in NYC? I would love to answer your questions! I hope you find this information helpful, and please reach out to me if you have any questions! I always am so happy to have the opportunity to work with you - if you would like for me to represent you as your Broker as you begin the property purchase or sale process, please do not hesitate to reach out to me. Discover the value of your home Please subscribe to this channel and turn on notifications (click the bell icon) so you can keep up with the videos I post! Check out my website…

Welcome to Episode 52 of REAL ESTATE INVESTING IN NEW YORK!! Please remember to Subscribe, Review and Share this podcast, it is SO appreciated! YOU CAN ALSO WATCH THIS EPISODE ON YOUTUBE Contact me: Email: christina.Kremidas@elliman.com Join me on Instagram and Tiktok In this episode, I’m sharing the most important information that NYC property owners must know about Local Law 11: mandatory facade maintenance required for all buildings with 6+ stories. This is usually the most expensive project that condo & co-op buildings have to fund, and it happens every 5 years! Make sure you know what to look for so you aren’t caught holding the bag. Are you purchasing in NYC? I would love to answer your questions! I hope you find this information helpful, and please reach out to me if you have any questions! I always am so happy to have the opportunity to work with you - if you would like for me to represent you as your Broker as you begin the property purchase or sale process, please do not hesitate to reach out to me. Discover the value of your home Please subscribe to this channel and turn on notifications (click the bell icon) so you can keep up with the videos I post! Check out my website…

Welcome to Episode 51 of REAL ESTATE INVESTING IN NEW YORK!! Please remember to Subscribe, Review and Share this podcast, it is SO appreciated! YOU CAN ALSO WATCH THIS EPISODE ON YOUTUBE Contact me: Email: christina.Kremidas@elliman.com Join me on Instagram and Tiktok Are you purchasing in NYC? I would love to answer your questions! Where exactly is Battery Park City? Is it a good investment? What’s it like to live there? How accessible is it? What’s the deal with the land lease? What are the best BPC buildings to buy in? Covering this and much more in today’s episode! I hope you find this information helpful, and please reach out to me if you have any questions! I always am so happy to have the opportunity to work with you - if you would like for me to represent you as your Broker as you begin the property purchase or sale process, please do not hesitate to reach out to me. Discover the value of your home Please subscribe to this channel and turn on notifications (click the bell icon) so you can keep up with the videos I post! Check out my website…

Welcome to Episode 50 of REAL ESTATE INVESTING IN NEW YORK!! Please remember to Subscribe, Review and Share this podcast, it is SO appreciated! YOU CAN ALSO WATCH THIS EPISODE ON YOUTUBE Contact me: Email: christina.Kremidas@elliman.com Join me on Instagram and Tiktok Are you purchasing in NYC? I would love to answer your questions! In this Episode, I’m summarizing the main ideas of a proposed bill called Intro360 which aims to delegate who is responsible for paying Real Estate Broker fees for rental transactions in New York City. In order to decide for yourself what your opinion on the legislation is, and how this will affect you if the bill is passed, you’ll need a fundamental understanding of the state of the market that got us here, the ‘business-as-usual’ methods that are currently implemented for moving rental listings, and the effects that this legislation would create. You’ll learn everything in this episode. I hope you find it informative. This is important and timely information, so please share it with a friend who would benefit from hearing about this! I hope you find this information helpful, and please reach out to me if you have any questions! I always am so happy to have the opportunity to work with you - if you would like for me to represent you as your Broker as you begin the property purchase or sale process, please do not hesitate to reach out to me. Discover the value of your home Please subscribe to this channel and turn on notifications (click the bell icon) so you can keep up with the videos I post! Check out my website Description: In this episode, I’ll teach you how to renovate your NYC residence for maximum return on your investment. I’m explaining which home improvements are money-makers, and which you’ll end up taking a loss on. The key to renovating an apartment with the intent of selling is to achieve a modern, clearly ‘renovated’ aesthetic, while omitting unnecessary features and expenses that will not increase the price your home sells for. I hope you find this information helpful, and please reach out to me if you have any questions!…

Welcome to Episode 49 of REAL ESTATE INVESTING IN NEW YORK!! Please remember to Subscribe, Review and Share this podcast, it is SO appreciated! YOU CAN ALSO WATCH THIS EPISODE ON YOUTUBE Contact me: Email: christina.Kremidas@elliman.com Join me on Instagram and Tiktok Are you purchasing in NYC? I would love to answer your questions! In this episode, Ellie Benigar takes us in a journey through her extensive knowledge of Feng Shui principles to develop an understanding of how we can improve our lives using the energy in our home. Ellie’s mission is to elevate people’s lives, and her work is intuitive and transformative. Reach Ellie at fengshuiwithellie.com I hope you find this information helpful, and please reach out to me if you have any questions! I always am so happy to have the opportunity to work with you - if you would like for me to represent you as your Broker as you begin the property purchase or sale process, please do not hesitate to reach out to me. Discover the value of your home Please subscribe to this channel and turn on notifications (click the bell icon) so you can keep up with the videos I post! Check out my website…

Welcome to Episode 48 of REAL ESTATE INVESTING IN NEW YORK!! Please remember to Subscribe, Review and Share this podcast, it is SO appreciated! YOU CAN ALSO WATCH THIS EPISODE ON YOUTUBE Contact me: Email: christina.Kremidas@elliman.com Join me on Instagram and Tiktok Are you purchasing in NYC? I would love to answer your questions! In this episode, we are discussing all of the various taxes that must be paid at the closing table when you are buying or selling real estate in NYC. These taxes make up the bulk of your closing costs, and they can get extremely expensive! The good news is, knowing these costs in advance can get you some additional savings while you are negotiating on the property. I hope you find this information helpful, and please reach out to me if you have any questions! I always am so happy to have the opportunity to work with you - if you would like for me to represent you as your Broker as you begin the property purchase or sale process, please do not hesitate to reach out to me. Discover the value of your home Please subscribe to this channel and turn on notifications (click the bell icon) so you can keep up with the videos I post! Check out my website Description: In this episode, I’ll teach you how to renovate your NYC residence for maximum return on your investment. I’m explaining which home improvements are money-makers, and which you’ll end up taking a loss on. The key to renovating an apartment with the intent of selling is to achieve a modern, clearly ‘renovated’ aesthetic, while omitting unnecessary features and expenses that will not increase the price your home sells for. I hope you find this information helpful, and please reach out to me if you have any questions!…